Technology
Insurecom acquired by Applied Systems
UK-based insurance software provider Insurecom has been acquired by Applied Systems for an undisclosed fee.
International: Entering cyberspace
Will the potential implementation of the EU Data Protection Directive lead to growth in the cyber liability market in Europe?
Insure The Box teams up with brokers for policy partnership
Telematics provider Insure The Box and its sister brand Drive Like a Girl have partnered with five brokers to sell their policies.
Keychoice and LV Broker form home partnership
Keychoice has formed a strategic partnership with LV Broker to provide it with access to over 800 independent brokers.
Hill Dickinson increases access to fraud intelligence
Hill Dickinson Fraud Unit has boosted its access to fraud intelligence by becoming a member of UK fraud prevention service CIFAS giving it access to the National Fraud Database.
Storm surge cat bond issued for New York MTA
The first ever catastrophe bond for storm surge has been issued for the New York Metropolitan Transportation Authority, based on modelling from RMS.
Coverbox claims pay-as-you-drive user first
Coverbox Drive Style customers are the first drivers in the UK to able to find out the cost of their car insurance as it happens, the company claimed today.
Post magazine – 1 August 2013
In this week's Post, the conclusion of a Transport Select Committee inquiry into the cost of motor insurance has sparked “disappointment” among insurance industry bosses after MPs refused to support Ministry of Justice plans to place whiplash claims on…
Market Moves: Bluefin continues restructuring, while Questgates gets on the case with key hires
Appointments were spread across the market this week. At AIG, Jason Beelders was promoted to a newly-created role in London, while Bluefin once again hogged the headlines in the broking sector following news of an expanded role for head of solutions Mike…
Open GI and Experian launch fraud-check service
Software provider Open GI and information services firm Experian have launched a service to help brokers and insurers combat fraud.
RAC launches telematics product with Risk Technology
Telematics provider Risk Technology and motoring organisation RAC are teaming up to launch a product to help drivers in the event of a breakdown.
SSP attributes growth to revenue model change
Technology firm SSP has said its growth in recurring revenues is a direct result of scrapping large upfront licence costs.
Hiscox expands in Germany with online platform
Hiscox has launched a new direct and online insurance offering in Germany, aimed at businesses with up to €2.5m annual revenue in knowledge-based professions including IT, management and business consulting.
Post magazine - 25 July 2013
In this week's Post, the Financial Stability Board's listing of global systemically important insurers has raised concerns over a "lack of clarity" on why implicated firms are on the list and the costs that will be generated by an enhanced supervisory…
SSP revenues in marginal decline amid 'sluggish market'
Technology firm SSP’s annual results reveal a fall in revenue to £70.7m (2012: £71.7m) for the 12 months ended 31 March 2010.
In Series: Claims: Joining forces
Bilateral agreements and a better use of technology can help insurers operate more efficiently when it comes to subrogation.
Protect Your Bubble launches in Ireland
Specialist gadget insurer Protect Your Bubble launched today in the Republic of Ireland.
Interview: David Walsh: The artist
After 14 years building CFC Underwriting from a dotcom start-up to a successful MGA, founder and managing director David Walsh now sees the global market as his canvas.
CDL launches big data analytics solution
Insurance software company CDL has released a management information solution to enable insurers’ retailers to apply big data analytics to their operations.
View from the Top: Environmental protection
Clean tech firms could find themselves in a mess if they fail to secure adequate cover, says Paul Skinner, segment specialist underwriter, Chubb Insurance.
Lloyd’s brokers sign up for VIPR Bordereaux product
Two Lloyd’s brokers have partnered with VIPR to use its software and systems.
Motor specialist Sky Insurance goes live on Transactor
Motor specialist Sky Insurance has gone live on a Transactor software solution following a 10 month project.
Xuber gets highest channel accreditation from Aia
Insurance software business Xuber has achieved Aia Software’s highest channel accredition, “ITP for” status.
LV launches broker portal
LV Broker has launched an online portal for brokers.